Match Group (MTCH, $31.99, up $0.31)
Option: MTCH February 27.50 puts
Expiration Date: February 20th, 2026
Entry Option Price: $0.40 (1/13/2026)
Current Option Price: $0.40
Exit Target: $0.80
Return: 0%
Stop Target: None
Action: Wednesday’s low kissed $31.35 with key support at $31.50 getting tripped but holding. Resistance is at $32-$32.50.
We have a Price Target zone of $27.50-$25 based on continued closes below $31 on a technical level AND a possible earnings miss when the company reports in early February.
Goodyear Tire & Rubber (GT, $9.02, down $0.11)
Option: GT February 10 calls
Expiration Date: February 20th, 2026
Entry Option Price: $0.35 (1/6/2026)
Current Option Price: $0.40
Exit Target: $0.70
Return: 14%
Stop Target: None
Action: Upper support at $9-$8.75 was tripped but held following the fade to $8.96. Earnings are due out February 5th. Resistance remains at $9.25 and the 200-day moving average. Closes above these levels gets $10 in play.
These calls options had unusual options activity of 19,000 contracts on January 6th. This is indicating traders are expecting a possible run north of $10. However, if shares fall below $8.75 this week, or next, EXIT the alert. We are/ were looking for a breakout ahead of earnings but we don’t mind moving to the sidelines if the technical outlook weakens.
NOTE: We do not carry stop limits on options under 50 cents as scalpers can easily take you out of a position. We do list stop limits when an alert is up 50% or more but it’s best just to exit an alert if the technical outlook changes. Again, exit the alert for a scratch or slight profit if shares fall below $8.75 over the near-term.
AT&T (T, $23.99, down $0.18)
Option: T February 26 calls
Expiration Date: February 20th, 2026
Entry Option Price: $0.35 (12/24/2025)
Current Option Price: $0.15
Exit Target: $0.70
Return: -57%
Stop Target: None
Action: A dividend was paid on Monday that has caused some of the weakness in the stock but the solid close below $24 was slightly bearish. This level is now key resistance with Wednesday’s rebound reaching $23.72.
Fresh support is at $23.25-$23. We said a move below $23.50 could lead to $22-$21.50 and fresh 52-week lows. We pointed out the unusual options volume in AT&T last Friday as 515,768 calls traded versus 14,465 puts and that it could be foreshadowing major news. However, if shares fall below $23 this week, or next, it could push us to the sidelines. Continue to hold, for now.
